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Clear Blue Technologies International Inc V.CBLU

Alternate Symbol(s):  CBUTF

Clear Blue Technologies International Inc. is a Canada-based smart off-grid company. The Company is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to power, control, monitor, manage, and proactively service solar and hybrid-powered systems, such as streetlights, security systems, telecommunications systems, emergency power, and Internet of things (IoT) devices. Its Smart Power system includes a solar or solar-hybrid controller, a built-in communications network, and Illumience. Illumience is the Company’s Smart Power cloud application and management service, delivering remote control, management, and proactive servicing of off-grid systems. Its patented technology, delivered through the Energy-as-a-Service model, allows systems to be installed anywhere and managed over the Internet to deliver connectivity to remote and rural areas. Its Smart Off-Grid power systems are in 37 countries around the world.


TSXV:CBLU - Post by User

Post by toasted101on Apr 23, 2019 4:38pm
144 Views
Post# 29661535

Clear Blue 10,679,500-unit private placement

Clear Blue 10,679,500-unit private placement

Clear Blue 10,679,500-unit private placement

2019-04-23 13:15 PT - Private Placement

 

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 1, 2019, and Feb. 4, 2019.

 

Shares:  10,679,500

 

 

Price:  25 cents

 

 

Warrants:  10,679,500 share purchase warrants to purchase 10,679,500 shares

 

 

Exercise price:  50 cents for a 36-month period, subject to an acceleration clause

 

 

Placees:  93

 

 

Insider:  Lawrence Tjan 100,000

 

 

Pro groups:  1.25 million (10 placees)

 

 

Finders' fees:  Alpha North Asset Mangement 56,000 options; Haywood Securities Inc. $29,041.25 and 116,165 options; Echelon Wealth Partners Inc. $56,350 and 225,400 options; BMO Nesbitt Burns Inc. $7,000 and 28,000 options; Canaccord Genuity Corp. $46,550 and 186,200 options; General Research GmbH $25,200 and 100,800 options; Phil Wazonek 7,000 options; each option is exercisable into one common share at 50 cents for 36 months from closing

 

© 2019 Canjex Publishing Ltd. All rights reserved.

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